This is a printer friendly version.

 

South Carolina
  • PBGC protects the defined benefit pensions of nearly 473,700 workers and retirees living in the state.
  • There are 175 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 19 failed plans of state-based businesses.
  • In 2008, PBGC paid about $59 million in retirement benefits to more than 15,000 retirees and beneficiaries living in the state.